Details

The IOTA Foundation invites you to a special event hosted by the University of Texas in the Mulva Auditorium located in the Engineering Education and Research Center starting at 5:30PM on Monday, 29 April 2019. The event will include an introduction by special guest speakers from the City of Austin, followed by an introduction to IOTA by Dominik Schiener, Co-founder of the IOTA Foundation. The presentation will include a special announcement on the IOTA Foundations recent progress with the City of Austin, and the future that the IOTA Foundation is working to create in collaboration with the City of Austin. Capacity is 350 seats, and will be first come first serve.

Dominik rarely gets the opportunity to travel stateside, so this is a special opportunity for community members in Austin to meet a founding member of one of the largest distributed ledger protocols in the world. Come prepared to ask questions, learn about upcoming developments related the IOTA protocol, and connect with the IOTA Austin community.

Agenda:5:30 - Introduction by Robert Spillar, Director of Transportation for the City of Austin.

6:00 - An Introduction to IOTA and Smart Cities by Co-Founder Dominik Schiener

6:30 -8:00 - Q&A Session followed by networking with attendees

About Dominik Schiener:Dominik is a young entrepreneur from Italy focused on realizing the Machine Economy. Already since an early age he was involved heavily in the Blockchain ecosystem, with his first (unsuccessful) startup in Switzerland in 2013 at the age of 17. He is the Co-Founder of IOTA, a disruptive new technology that enables frictionless transfer of validated, secure, and immutable data and value between machines and people. In 2017 he co-founded the IOTA Foundation and established Germany’s first non-profit foundation focused on enabling permissionless ecosystems powered by distributed ledgers. Currently he co-leads the IOTA Foundation and oversees the overall realization of the vision and the partnerships with multinational companies, NGO’s and governments as Chairman of the Board of Directors. He’s dedicated to the challenge of bringing a nascent technology like IOTA to market-readiness - and unleashing its full potential for benefit of society.

About the IOTA Foundation:The IOTA Foundation was established in Germany as a non-profit organization (‘gemeinnützige Stiftung’) in 2017 by Dominik Schiener and David Sønstebø. In order to drive the future economy of interconnected and autonomous devices, the IOTA Founders developed the ideas behind IOTA and the Tangle architecture on which it is based and organized a crowdsale at the end of 2015 to help fund its development. Raising a little over $500k USD worth of Bitcoin and other cryptocurrencies, and without any pre-allocation or special treatment of any kind to any of the Founders or developers, the entire token supply (which can never change) was distributed pro-rata to the crowdsale participants on the genesis transaction.

Subsequently, the IOTA Founders asked these initial IOTA token holders to donate a portion of their holdings back, receiving roughly 5% of the total IOTA token supply, to endow what would ultimately become the IOTA Foundation which was officially chartered in Berlin, Germany on November 3rd, 2017.

The IOTA Founders designed the foundational layer of IOTA to be open-source, free to use and led by an independent and neutral non-profit entity that could bring together governments and industries to help achieve the IOTA vision of a collaborative and connected future for all.